Meyerowitz Investment Management

Steven Meyerowitz, the founder and CIO, holds final decision authority on all portfolio positions. The firm operates without an investment committee, giving Meyerowitz unilateral discretion to act on opportunities. This structure departs from the multi-layered approval processes common at larger RIAs.

The firm relies on Meyerowitz's personal network, developed over 25 years of investing in community banks, thrift conversions, and private placements. Deal flow comes through relationships with regional bank executives, securities attorneys specializing in mutual-to-stock conversions, and brokers trading illiquid fixed-income instruments. There is no institutional origination team or external consultant pipeline.

Meyerowitz Investment Management participates in both public and private markets. Public holdings include community bank equities and government-guaranteed debt instruments. Private placements typically involve pre-IPO community bank stock, real estate partnership interests, and select direct debt investments. The firm does not operate a formal private equity fund structure.

The firm maintains a concentrated portfolio, rarely exceeding 30 total positions. Individual equity positions can represent more than 5% of a client's assets when conviction is high. This stands in contrast to the 50–100 position models standard among RIA platforms and reflects Meyerowitz's willingness to accept idiosyncratic risk in exchange for higher expected returns.

The firm serves as a registered investment advisor with custody at third-party institutions, likely including major national custodians. Client reporting follows standard RIA practices, though the concentrated nature of the portfolio means account statements will show far fewer line items than a diversified advisory account. Performance is reported net of the firm's incentive-based fee structure.